New Jersey is joining the federal government in extending the deadline to file and pay income taxes until July 15, according to a joint statement by Governor Phil Murphy, Senate President Steve Sweeney and Assembly Speaker Craig Coughlin. The State Budget Deadline has been postponed from June 30 to September 30.

TRENTON — Incoming Gov. Phil Murphy wasted little time in igniting a feud against the only federal lawmaker from New Jersey who supported the House Republican tax bill that would curb the deduction for state and local taxes. Murphy, a Democrat, this weekend singled out U.S. Rep. Tom MacArthur, R-3rd Dist., who backed the legislation even… Read the rest of this entry »

Tax Day is April 18 this year, giving us three extra days to prepare our annual fiduciary sacrifice to the Internal Revenue Service. And who do we have to thank? How about Abraham Lincoln? The deadline for filing federal taxes is April 15, unless its fall on a Saturday or Sunday, in which case Tax Day… Read the rest of this entry »

TRENTON — Democratic lawmakers on Monday are expected to reveal their plan for a state budget they say would bridge the gap between the $1.3 billion Gov. Chris Christie wants to spend on public worker pensions next year and the $3.1 billion unions are demanding. That plan likely relies on the controversial millionaires’ tax and a… Read the rest of this entry »

A deadline is looming for 1.1 million taxpayers nationally who might be entitled to refunds totaling more than $1 billion. That pool of people includes roughly 34,2000 New Jersey residents who never filed their returns in 2011, according to the Internal Revenue Service. The IRS estimates they are entitled to $34.5 million in refunds – or… Read the rest of this entry »

WASHINGTON — Gov. Chris Christie drew a fresh line against raising new taxes in a speech tonight to New Jersey’s business community. “As long as I’m here, we’re not going to make the state less affordable,” Christie said in delivering the keynote address at the 78th annual New Jersey Chamber of Commerce congressional dinner, part of… Read the rest of this entry »

The legislative debate over Atlantic City’s financial struggles — and the future of gambling in New Jersey — is starting to shape up as a deadline approaches for what could be the city’s fifth casino closure of the year, and lawmakers look forward to passing bills on casino taxation, redevelopment funding, and local tax relief as… Read the rest of this entry »